Huron Consulting Group Inc. files DEF 14A for the period ending May 3, 2024.

Ticker: HURN · Form: DEF 14A · Filed: Mar 22, 2024 · CIK: 1289848

Sentiment: neutral

Topics: Huron Consulting, DEF 14A, Executive Compensation, Equity Awards, Proxy Statement

TL;DR

<b>Huron Consulting Group Inc. files its DEF 14A, detailing executive compensation and equity awards for the fiscal year 2023.</b>

AI Summary

Huron Consulting Group Inc. (HURN) filed a Proxy Statement (DEF 14A) with the SEC on March 22, 2024. The filing is a Definitive Proxy Statement (DEF 14A) for Huron Consulting Group Inc. The report covers the fiscal year ending December 31, 2023, with data also available for 2022, 2021, and 2020. Key executive compensation data related to PEO and Non-PEO members is detailed, including grants, changes in value, and vested awards. Specific equity award types mentioned include Performance-Based Stock Units, Performance-Based Stock Options, and Restricted Stock Units. The company's principal executive offices are located at 550 West Van Buren Street, Chicago, IL.

Why It Matters

For investors and stakeholders tracking Huron Consulting Group Inc., this filing contains several important signals. This filing provides crucial information for shareholders regarding executive compensation, which can influence voting decisions on proposals related to executive pay. Understanding the details of equity awards, such as performance-based units and stock options, is important for assessing management's alignment with shareholder interests and the company's long-term strategy.

Risk Assessment

Risk Level: low — Huron Consulting Group Inc. shows low risk based on this filing. The filing is a routine DEF 14A, providing standard disclosures on executive compensation and corporate governance, with no immediate red flags.

Analyst Insight

Shareholders should review the executive compensation details and equity award structures to inform their voting decisions on relevant proposals.

Key Numbers

Key Players & Entities

FAQ

When did Huron Consulting Group Inc. file this DEF 14A?

Huron Consulting Group Inc. filed this Proxy Statement (DEF 14A) with the SEC on March 22, 2024.

What is a DEF 14A filing?

A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by Huron Consulting Group Inc. (HURN).

Where can I read the original DEF 14A filing from Huron Consulting Group Inc.?

You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by Huron Consulting Group Inc..

What are the key takeaways from Huron Consulting Group Inc.'s DEF 14A?

Huron Consulting Group Inc. filed this DEF 14A on March 22, 2024. Key takeaways: The filing is a Definitive Proxy Statement (DEF 14A) for Huron Consulting Group Inc.. The report covers the fiscal year ending December 31, 2023, with data also available for 2022, 2021, and 2020.. Key executive compensation data related to PEO and Non-PEO members is detailed, including grants, changes in value, and vested awards..

Is Huron Consulting Group Inc. a risky investment based on this filing?

Based on this DEF 14A, Huron Consulting Group Inc. presents a relatively low-risk profile. The filing is a routine DEF 14A, providing standard disclosures on executive compensation and corporate governance, with no immediate red flags.

What should investors do after reading Huron Consulting Group Inc.'s DEF 14A?

Shareholders should review the executive compensation details and equity award structures to inform their voting decisions on relevant proposals. The overall sentiment from this filing is neutral.

How does Huron Consulting Group Inc. compare to its industry peers?

Huron Consulting Group Inc. operates in the management consulting services industry, providing a range of advisory and implementation services to clients.

Are there regulatory concerns for Huron Consulting Group Inc.?

As a public company, Huron Consulting Group Inc. is subject to SEC regulations, including the requirement to file proxy statements for shareholder meetings.

Industry Context

Huron Consulting Group Inc. operates in the management consulting services industry, providing a range of advisory and implementation services to clients.

Regulatory Implications

As a public company, Huron Consulting Group Inc. is subject to SEC regulations, including the requirement to file proxy statements for shareholder meetings.

What Investors Should Do

  1. Review executive compensation packages and equity award details.
  2. Analyze the rationale behind performance-based awards.
  3. Evaluate any shareholder proposals presented in the proxy statement.

Key Dates

Year-Over-Year Comparison

This is the initial DEF 14A filing for the period ending May 3, 2024, providing updated executive compensation and governance information.

Filing Stats: 4,569 words · 18 min read · ~15 pages · Grade level 13.8 · Accepted 2024-03-22 14:31:37

Key Financial Figures

Filing Documents

EXECUTIVE COMPENSATION

EXECUTIVE COMPENSATION 28 Compensation Discussion and Analysis 28 Compensation Committee Report 41 2023 Summary Compensation Table 41 2023 Grants of Plan-Based Awards 42 2023 Outstanding Equity Awards at Fiscal Year-End 43 2023 Option Exercises and Stock Vested 45 2023 Nonqualified Deferred Compensation 45 Potential Payments upon Termination or Change of Control 46 Pay Versus Performance 51 CEO Pay Ratio 53 Compensation Committee Interlocks and Insider Participation 54 Certain Relationships and Related Transactions 54 PROPOSAL 2 — TO APPROVE AN AMENDMENT TO THE COMPANY' S RESTATED CERTIFICATE OF INCORPORATION 56 PROPOSAL 3 — TO APPROVE AN AMENDMENT TO THE COMPANY'S STOCK OWNERSHIP PARTICIPATION PROGRAM 58 PROPOSAL 4 — ADVISORY VOTE TO APPROVE THE COMPANY'S EXECUTIVE COMPENSATION 60 PROPOSAL 5 — RATIFICATION OF APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM 61 Audit and Non-Audit Fees 61 Policy on Audit Committee Preapproval of Audit and Non-Audit Services of Independent Registered Public Accounting Firm 62 Report of the Audit Committee 62 SUBMISSION OF STOCKHOLDER PROPOSALS 63 OTHER MATTERS 63 PROXY STATEMENT FOR ANNUAL MEETING OF STOCKHOLDERS TO BE HELD MAY 3, 2024 We are taking advantage of the Securities and Exchange Commission ("SEC") rules that allow companies to furnish proxy materials to their stockholders over the Internet. On or about March 22, 2024, we mailed to stockholders of record on the record date a Notice of Internet Availability of Proxy Materials (the "Notice") containing instructions on how to access this Proxy Statement and our Annual Report to Stockholders online. If you received a Notice by mail, you will not automatically receive a printed copy of our proxy materials in the mail. You may request a paper copy of our proxy materials by mail or an electronic copy by e-mail by following the instructions listed on the Notice. The Notice also contains instructions

: Gender Identity Female Male Non-Binary Did Not Disclose Gender

Part I: Gender Identity Female Male Non-Binary Did Not Disclose Gender Directors 3 6 0 0

: Demographic Background

Part II: Demographic Background African American or Black 1 0 0 0 Alaskan Native or Native American 0 0 0 0 Asian 1 0 0 0 Hispanic or Latinx 0 0 0 0 Native Hawaiian or Pacific Islander 0 0 0 0 White 1 6 0 0 Two or More Races or Ethnicities 0 0 0 0 LGBTQ+ 0 Did Not Disclose Demographic Background 0 5 Presented below is information regarding the directors of the Company. NOMINEES TO BOARD OF DIRECTORS C. Mark Hussey Director since January 2023 Chief Executive Officer, since January 2023, and President of Huron Consulting Group Inc. and Huron Consulting Services LLC since February 2019 Professional Experience Mr. Hussey was appointed chief executive officer on January 1, 2023. He was appointed president of Huron in February 2019. He previously served as chief operating officer of Huron from February 2014 until July 2022; as executive vice president from July 2011 until February 2019; as chief financial officer from July 2011 until January 2017; and as Huron's treasurer from July 2011 until February 2016. Prior to joining Huron, from 2002 to 2011, Mr. Hussey served as chief financial officer at Crosscom National, LLC, a privately held professional IT services organization deploying and servicing in-store technology solutions for large, national retailers. In that role, he was responsible for all finance and administrative functions for the company. Prior to that, from 2000 until 2002, he served as executive vice president and chief financial officer, North America, at Information Resources, Inc. During his career, Mr. Hussey has held senior finance, accounting and investor relations positions at entities such as EZLinks Golf, Inc., Dominick's Finer Foods, Inc., and the Quaker Oats Company. Board Service Mr. Hussey does not have a history of board service for other publicly-traded companies. Education Mr. Hussey received a B.S. in Accountancy from the University of Illinois, Urbana-Champaign and an M.B.A. in Finance from the University of Chicago

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